about us | newsletter | contact | archive | members area
PIOTR HAJEWSKI, FUEL TECH
Fuel Tech is experiencing accelerated growth as it benefits from ever-tightening global »
  News:      POLITICS   |   ECONOMICS   |   ENERGY   |   INVESTMENTS   |   APPOINTMENTS   |   GREEN   |   INFRASTRUCTURE   |   REAL ESTATE   |   AGRIBUSINESS   |   DRIVING   |   CITY LIFE   |   EVENTS   |

Oltenia Energy Complex trades EUR 60 million worth energy in OPCOM

State-owned Oltenia Energy Complex plans to sell energy worth EUR 60.33 million on the energy trading body OPCOM, according to the company announcement.

2014-01-21 11:57:03

Today, the company scheduled 11 bids to sell 1.48 million MWh, a 2.5 percent of the overall energy production. The amount of energy will be delivered this year and the price for 1 MWh varies between 184 and 186 lei, depending on amount of the traded energy package.

Also, another state-owned company, Nuclearelectrica, plans to sell on Thursday this week, on OPCOM, within a sole bid, a stock of 1.67 million MWh, worth EUR 63 million. Oltenia Energy Complex established in 2002, by the merge of National Company of Lignite Oltenia and energy complexes Turceni, Rovinari and Craiova. The company owns 13 energy groups totaling an installed capacity of 3.900 MW. Romanian state owns 77 percent of Energy Complex Oltenia.


In the last quarter of last year, the GDP grew by 1.1 percent in real terms compared to the previous quarter. Moreover, Romania 2012 economy has grown by 0.7 percent in real terms since 2011, while the GDP was estimated at RON 587.499 billion, according to provisional data published in April by the INS. In the semi-annual report published in mid-April, World Economic Outlook, the International Monetary Fund estimated that Romanian GDP economy would grow 1.6 percent this year.



COMMENTS
There are 0 comments:

 
ADD A COMMENT
 
Name
Email
Comment
Validation Code
   
 
 

0 Comments  |  1073 Views
Daily Info
Romanian Energy Awards 2017 - performance and exceptional accomplishments

The Diplomat - Bucharest celebrated the winners of 21 assigned categories for both conventional and renewable energy, within a prestigious event continuing the annual traditio...

New law on ports administration would be very damaging for Romanian state budget, Fondul Proprietatea says

Fondul Proprietatea is concerned by the renewed steps to approve the draft law amending the Government Ordinance on ports administration, which was re-examined and approved th...

Vienna Insurance Group posts profit of 110 million Euro in Q1

Vienna Insurance Group reported a profit before taxes of around 110 million Euro in the first quarter of 2017, according to a press release.

Three Romanian architecture offices merge into CUMULUS

PZP, SYAA and ARXTUDIO offices have merged into CUMULUS, in one of the rare transaction on the Romanian architecture sector. The new company has a combined turnover of over on...

Eberspaecher forecasts slight increase in revenue for 2017

The German automotive supplier Eberspaecher forecasts sustained positive income development with a slight increase in revenue for 2017, a press release shows.

 
 
   
advertising

advertising

advertising

More on News
Iohannis: I explained to EU leaders multi-speed Europe is not a good solution, could end in split-up

President Klaus Iohannis, speaking after the European Council's meeting, said that he explained to EU leaders that a multi-speed Europe is not a good solution and that in e...

1 Comment

BRUA pipeline to operate in 2020 when Exxon, Petrom will extract Black Sea gas

The works at the BRUA (Bulgaria - Romania - Hungary - Austria) pipeline will start at the end of 2017, and the gas pipeline will become operational in 2020, when ExxonMobil...

Ninety-seven per cent of household waste ends up in landfills, says ARBIO

As much as 97 per cent of Romania's household waste ends up in landfills, and Romania could be fined starting in 2020 about 500,000 Euro per day if it fails to bring the nu...

Net investment in national economy, down 3.3 per cent in 2016

Net investment carried out last year in Romania's national economy stood at 70.281 billion RON (15.6 billion Euro, declining 3.3 per cent from 2015, according to data relea...

Romania has significant potential in agriculture, but low productivity, says PwC Romania

Romania is one of the European countries with the highest potential in agriculture with the sixth biggest agricultural use area in the EU, but it has a low productivity due...

Commercial property investments in Romania exceeded 850 million Euro last year, says DTZ

In 2016, the total volume invested in commercial property in Romania exceeded 850 million Euro, a DTZ Echinox report shows. Bucharest attracted 660 million Euro, which repr...

PM Grindeanu: We must back European project strengthening, not multi-speed Europe

Romania's consistent stance - whether expressed by the country's Presidency, government or Parliament - on the future of the EU in the Brexit context is to support the stre...